Insurance Accounting
A company’s property insurance, liability insurance, business interruption insurance, etc. often covers a one-year period with the cost (insurance premiums)…
Read BBA, BMS, B.Com Syllabus wise Notes
A company’s property insurance, liability insurance, business interruption insurance, etc. often covers a one-year period with the cost (insurance premiums)…
Loss reserving refers to the calculation of the required reserves for a tranche of general insurance business. It includes outstanding…
Insurance companies deal with large and complex claims made against policies that are sold by them. It may often take…
A claims reserve is a reserve of money that is set aside by an insurance company in order to pay…
Insurance fraud is any act committed to defraud an insurance process. It occurs when a claimant attempts to obtain some…
Hard Insurance market A hard insurance market is characterized by a high demand for insurance coverage and a reduced supply.…
General insurance or non-life insurance policies, including automobile and homeowners policies, provide payments depending on the loss from a particular…
Construction businesses are laden with variety of risks that can take a heavy toll on finances and also halt projects.…
Different documents are required to buy different types of insurance plans. So, let’s analyse the documents required to buy different…